The Un-Consumer News
It is hard to believe that the latest news from the Dutch bank ING is such a great thing. Evidently ING has launched a new service for users of their Easy and Platinum MasterCard that will send an alert to the users mobile phone when they exceed 75 pc of their limit.
These alerts don’t include transactions less that 200 Euros or those from the Internet or overseas. So what’s the big news here? It would be easy as a card holder to be under the false impression that they would receive an alert, only to go over your limit with transactions that fall into the exception list.
A quote from DMeurope states “The service is expected to offer cardholders protection against misuse and helps them keep track of their expenditures.” Don’t hold your breath waiting for that to happen.
These alerts don’t include transactions less that 200 Euros or those from the Internet or overseas. So what’s the big news here? It would be easy as a card holder to be under the false impression that they would receive an alert, only to go over your limit with transactions that fall into the exception list.
A quote from DMeurope states “The service is expected to offer cardholders protection against misuse and helps them keep track of their expenditures.” Don’t hold your breath waiting for that to happen.
posted by Your Friends @ Myvesta.org.uk at
8/29/2005 06:24:00 pm
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